2149 Carlos Leon PlEl PasoTX79938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in El Paso at 2149 Carlos Leon Pl, El Paso, TX, 79938 priced at $234,000 pairs $1,934/mo rent with $85/mo cash flow after a $1,145/mo payment. Total monthly income equals $1,934/mo, and annual cash flow comes to $1,021/yr on $77,571 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 9.92% on a $234,000 basis. Equity gained on principal adds $1,510/yr, and 5% annual appreciation accumulates to $64,650 by year five. Five-year ROI measures 112.2% and total cumulative return in cash reaches $87,039. For financing, Ziffy Mortgage’s DSCR program evaluates $1,934/mo property income against a $1,145/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79938, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,205 (100%) |
| Owner Occupied HU | 23,881 (74.2%) |
| Renter Occupied HU | 6,916 (21.5%) |
| Vacant Housing Units | 1,408 ( 4.4%) |
| Median Home Value | $229,513 |
| Average Home Value | $242,428 |
Housing Distribution
Address Breakdown
Residential
31,696
Single Family
31,282
Multi-Family
414
Businesses
1,102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvette Robinson-Lopez • ERA Sellers & Buyers Real Esta
Mls Name: GEPAR
Mls Provider:
Mls ID: #908777
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.